Acquiring Company
Super Power
Acquired Company
Pazgaz Energy
Description
Residential electricity supplier Super Power is acquiring competitor Pazgaz Energy for up to NIS 25 million, reducing the number of suppliers from seven to six. The deal includes an initial NIS 15 million payment plus NIS 8-10 million contingent on a customer base transfer settlement. Super Power expects the acquisition to add NIS 130 million in annual revenue.
Quick answer
Super Power is acquiring Pazgaz Energy, announced October 25, 2026. Super Power is based in Israel.
- How much did Super Power pay for Pazgaz Energy?
- The deal value was not disclosed.
- What does Super Power do?
- Super Power is a residential electricity supplier in Israel, controlled by Supergas Power, which is itself controlled by Electra.
- Where are Super Power and Pazgaz Energy based?
- Super Power is based in Israel. Pazgaz Energy is based in Israel.
Source: Fundz verified event record.
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- Shoals and Array combine to enhance energy solutions (November 5, 2026)
- Shoals and Array to merge in stock-for-stock deal (November 4, 2026)
- Trafigura acquires stake in CVR Energy (November 3, 2026)
Who to call at Super Power, and when
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Frequently asked
Who acquired Pazgaz Energy?
Pazgaz Energy was acquired by Super Power, based in Israel. The deal was reported on October 25, 2026. Super Power is a residential electricity supplier in Israel, controlled by Supergas Power, which is itself controlled by Electra. Super Power is privately held and operates in Energy.
When did Super Power acquire Pazgaz Energy?
Super Power's acquisition of Pazgaz Energy was reported on October 25, 2026. Residential electricity supplier Super Power is acquiring competitor Pazgaz Energy for up to NIS 25 million, reducing the number of suppliers from seven to six. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pazgaz Energy do?
Pazgaz Energy is a residential electricity supplier in Israel that intermediates between low-cost electricity producers, mainly renewable sources, and households. It is currently operating at a loss, consistent with the broader sector. It is privately held, operating in Energy, and is based in Israel.
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